"Signs of Improving Economic Fundamental, but will they be Sustained?"

Better data results early in the year and some policy mishaps

Mostly better economic data results in the first five weeks of the year have given a positive signal that the much needed macroeconomic adjustments are going thus far on the right track. We have seen a trend of measured slowdown in the economic growth to 5.78 percent year-over-year (yoy) in 2013 from 6.26 percent yoy in 2012, which is important to reduce deficit pressures on the curre

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